Former transport minister Nguyen Van The faces disciplinary action for Thuan An Group-related violations

By Thai Ha
Thu, November 14, 2024 | 2:43 pm GMT+7

Vietnam's Central Inspection Committee has proposed disciplining Nguyen Van The, former Minister of Transport.

Nguyen Van The, former Minister of Transport. Photo courtesy of Thanh Nien (Young People) newspaper.

Nguyen Van The, former Minister of Transport. Photo courtesy of Thanh Nien (Young People) newspaper.

A Wednesday release from the committee says the Party leaders of the Ministry of Transport for the 2021-2026 term breached the principle of democratic centralism and working regulations, lacked responsibility, and showed loose leadership and direction.

The violations allowed the ministry and individuals to breach Party regulations and State laws in organizing and implementing bidding packages for projects executed by Thuan An Group.

Some ministerial officials and Party members violated Party regulations and State laws on preventing and combating corruption and waste, and breached rules on Party members’ code of conduct and responsibility to set a good example as leaders.

“The above violations caused serious consequences, risking a huge loss of money and State assets, causing bad public opinions and undermining the reputation of Party organizations and State management agencies to the point that disciplinary action must be taken,” the statement noted.

Personal responsibility for the above violations and shortcomings belongs to Nguyen Van The, former Minister of Transport; Le Dinh Tho, former Deputy Minister of Transport; and some other Party members, it stressed.

The committee also decided to expel Nguyen Quang Huy, director of the Project Management Board No. 4; and Vu Hai Tung, director of the Road Construction Investment Management Branch, from the Communist Party; and remove many others from all positions in the Party.

Many other people working for units under the ministry received warnings or were repremanded for their violations.

Thuan An Group, formerly known as Thuan An Trading and Construction Development JSC, was established on August 4, 2004. Headquartered at 141 Truong Chinh street, Hanoi, the company is a prominent name in the infrastructure construction market.

Forming partnerships with other units, Thuan An has won a series of large construction contracts across the country. It has bidded for 51 packages and won 39 of them with a total value of more than VND22.6 trillion ($890.8 million).

The Central Inspection Committee also reprimanded Pham Tan Cong, Party chief and president of the Vietnam Chamber of Commerce and Industry (VCCI) and its vice presidents Hoang Quang Phong, Vo Tan Thanh, and Bui Trung Nghia, among others in the chamber.

The committee proposed relevant authorities discipline Tran Van Ven, former Party chief and chairman of state-owned Southern Food Corporation (Vinafood II).

Ven was found to have degraded in political ideology, ethics, and lifestyle, and violated regulations on Party members’ code of conduct and responsibility to set a good example as leaders.

He violated Party regulations and State laws in performing assigned responsibilities and tasks in land management and use.

The violations “caused very serious consequences, upset public opinion, and adversely affected the reputation of Party organizations and State agencies where he worked for.”

In June 2023, Ven was arrested for further investigation into the crime of violating regulations on the management and use of State assets causing loss and waste related land.

Also on Wednesday, Prime Minister Pham Minh Chinh issued a warning to Tran Ngoc Cang, former Chairman of of Quang Ngai province, for violations related to a project implemented by Phuc Son Group.

Comments (0)
  • Read More
Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

At a meeting of the National Assembly's Economic Committee in early February, the government proposed the 2025 GDP growth be "8% or more", instead of 6.5-7% set last November. The Investor introduces opinions of some leading Vietnamese economists on this proposed target.

Economy - Mon, February 17, 2025 | 8:02 am GMT+7

Vietnam consumer credit enters new growth cycle

Vietnam consumer credit enters new growth cycle

After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.

Finance - Sun, February 16, 2025 | 3:19 pm GMT+7

Vietnam property investors seek new opportunities in provincial markets

Vietnam property investors seek new opportunities in provincial markets

Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.

Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.

Travel - Sun, February 16, 2025 | 10:59 am GMT+7

Malaysia takes the lead in data center development

Malaysia takes the lead in data center development

Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).

Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7

WB sees Thai fiscal risks mounting due to spending surge

WB sees Thai fiscal risks mounting due to spending surge

Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.

Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7

Vietnam mining stocks rally amid global trade tension

Vietnam mining stocks rally amid global trade tension

Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.

Finance - Sun, February 16, 2025 | 10:36 am GMT+7

Online purchase below VND2 mln may be exempt from Vietnam import tax

Online purchase below VND2 mln may be exempt from Vietnam import tax

The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).

Finance - Sun, February 16, 2025 | 8:00 am GMT+7

Malaysia expected to remain magnet for FDI

Malaysia expected to remain magnet for FDI

Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.

Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.

Energy - Sat, February 15, 2025 | 8:46 pm GMT+7

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.

Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7

Thailand considers easing rules on income from overseas

Thailand considers easing rules on income from overseas

Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.

Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7

Nissan to close factory in Thailand

Nissan to close factory in Thailand

Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.

Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).

Banking - Sat, February 15, 2025 | 4:04 pm GMT+7

Vietnam's leading trade firm Hapro appoints new general director

Vietnam's leading trade firm Hapro appoints new general director

Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.

Companies - Sat, February 15, 2025 | 2:18 pm GMT+7

Private Vietnamese lender DongA Bank renamed Vikki Bank

Private Vietnamese lender DongA Bank renamed Vikki Bank

DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).

Banking - Sat, February 15, 2025 | 10:59 am GMT+7